300 W Grand Ave - Office FOR SALE


Escondido, CA 92025
$5,166,300 USD
858-775-5335
300 W Grand Ave, Escondido, CA for Sale
$5,166,300 USD
Office - FOR SALE
1/7
null | Request Cap Rate

300 W Grand Ave
Escondido, CA 92025


HIGHLIGHTS

  • 6,770 SF on the 1st floor available for occupancy
  • Located in the Opportunity Zone, with access to I-15 and Highway 78
  • Building priced significantly below replacement cost
  • Fully Sprinklered
  • Highly visible building signage available
  • Zoning - Downtown Specific Planning area – SPA 9

OVERVIEW

Colliers is pleased to present a rare opportunity for an owner-user or investor to acquire a Class A Office building in Escondido’s downtown corridor. The building is 67% occupied by a diverse group of tenants, giving an owner user the option to occupy the entire 6,770 SF on the first floor with no lease up exposure on the balance of the building. In addition, the property is within walking distance of numerous restaurants, cafes, and retail amenities. The building also features exceptional mountain views from the third floor.

FOR SALE DETAILS

PRICE

$5,166,300 USD

PRICE/SF

$255 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Grand Professional Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

C-6

APN/PARCEL ID

229-411-16

ASK ABOUT THIS PROPERTY

David HarperColliersMore Info
858-775-5335

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David HarperColliersMore Info
858-775-5335

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.